Technical analysis by CryptoNuclear about Symbol VET: Buy recommendation (7/30/2025)

🧠 Overview: Is VeChain About to Flip Bullish? The 2D VET/USDT chart (KuCoin) is presenting a high-potential setup. After months of downward pressure, VET has finally broken above a long-standing descending trendline, which has been intact since early 2025. Now, price is retesting a major support zone—which also happens to be the Golden Pocket of the Fibonacci retracement (0.5–0.618). This area is crucial for confirming whether this is a real trend reversal or just another fakeout. --- 🧩 Technical Structure & Key Levels 📍 Descending Trendline (Broken) A clear breakout from the downtrend that started in February 2025. First signal of a potential trend reversal. 📍 Critical Support Zone – Golden Pocket Range: 0.02258 – 0.02390 USDT Aligns with Fibonacci 0.5–0.618 retracement from recent swing low to high. Acts as a historically strong horizontal support — now being retested after the breakout. 📍 Fibonacci Resistance Levels (Upside Targets) Level Price (USDT) Resistance 1 0.02840 Resistance 2 0.03235 Resistance 3 0.03745 Resistance 4 0.04265 Resistance 5 0.05185 Extended High 0.07786 – 0.08006 📍 Major Support (Last Line of Defense) 0.01772 USDT, the lowest level seen since late 2023. --- ✅ Bullish Scenario – Valid Retest & Reversal If the Golden Pocket zone holds, we could see: Continuation of bullish momentum Gradual move toward: 🎯 0.02840 as the first resistance 🎯 0.03235 – 0.03745 as mid-term targets 🎯 0.04265 – 0.05185 if momentum strengthens Potential formation of an Inverse Head & Shoulders pattern, signaling a strong reversal base --- ❌ Bearish Scenario – Failed Retest If price fails to hold the 0.02258–0.02390 support zone: We may see a move back down toward 0.01772 USDT This would invalidate the bullish breakout (false breakout scenario) The longer-term downtrend could resume > ⚠️ Beware of a potential bull trap around 0.025–0.026 — price rejection here could signal a failed breakout. --- 🧠 Current Price Action Pattern ✅ Descending Trendline Breakout → early bullish signal 🔁 Golden Pocket Retest → now in progress, critical for direction confirmation 📈 Reversal Potential → watching for Inverse Head & Shoulders formation --- 💡 Conclusion VET/USDT is at a make-or-break level. The breakout above the descending trendline is promising, but the current retest of the Golden Pocket zone is the real test for bulls. If this level holds, we could be witnessing the early stages of a trend reversal with multiple upside targets in play. #VETUSDT #VeChain #CryptoBreakout #FibonacciLevels #GoldenPocket #AltcoinAnalysis #InverseHeadAndShoulders #TrendReversal #CryptoTechnicalAnalysis #SupportResistance #CryptoSignals